Alternus Clean Energy announces 1-for-25 reverse stock split (NASDAQ:ALCE)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
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Source: SeekingAlpha
Reverse Stock Split Announcement: Alternus Clean Energy (NASDAQ: ALCE) announced a 1-for-25 reverse stock split of its common stock.
Purpose of the Split: The reverse stock split aims to increase the price per share of ALCE common stock.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
